Jupiter India Accumulation
HL comment
Our view on this Fund
India has been a volatile market this year, partly because of the global credit crunch. Inflationary pressures, rising interest rates and a slowing Indian economy have also been factors. Avinash Vazirani feels that ongoing economic concerns could lead to further market falls, but he feels it could leave the valuations on many stocks at their most attractive levels in five years.
12-11-2008
Information from the fund manager
Please note: The information in this box has been provided by, and is issued by, the fund manager and not Hargreaves Lansdown.
HL group comment: Jupiter
Our view on this Fund Management Group as a whole
Jupiter was set up in 1985 and has grown to be one of the UK's most successful and respected investment management groups today. They currently manage more than £20 billion worth of assets spread across a range of UK and offshore funds, multi-manager products, hedge funds, institutional mandates and investment trusts. For over twenty years, Jupiter has gained a reputation for achieving outperformance across a broad variety of portfolios specialising in different markets, including UK income, Europe, global financials and emerging Europe. In March 2007, Jupiter completed a management buyout (MBO) and re-gained its independence from Commerzbank, a leading German Bank which had purchased Jupiter in 1995. This MBO was completed with the key staff and fund managers having equity stakes representing their long term commitment to the business. This has been welcome news for Jupiter as its future success is now aligned directly with investors.
13-09-2007
HL sector comment: Specialist
Our view on this sector
There is a wide range of funds in this sector with a mix of property, financials, agriculture and single country funds to name a few. The specialist sector has been hit hard in performance terms in recent months as both financials and commodity prices have fallen heavily. There are many quality funds in this sector, therefore investors need to look through the short term performance numbers. Specialist funds tend to be more volatile than broader based funds.
20-11-2008